What is a KYC process?

• A KYC (Know Your Customer) is a process that is triggered to ensure that the captured information on any of the onboarded customers as part of the onboarding processes (and any other subsequent refresh exercises) is accurate and up to date. 
   
• Later on, this process would involve the customer onboarded within the platform to review the KYC application and ensure that: 

• • • Any new requirements that would have been introduced since the onboarding or last refresh date are adhered. 
    • Any changes/updates to any of the documentation originally uploaded are correctly reflected within the newly requested.  
    • Any company or personal details that might have been changed are updated.